Blogs

<p>Yesterday, the USD/JPY currency pair tried to surpass the 107.40 level. During Tuesday morning, the pair exceeded this level. From a theoretical point of view, it is likely that the exchange rate could trade upwards within the rising wedge pattern. Note that the rate would have to surpass the resistance formed by the monthly PP […]

<p>Yesterday, the GBP/USD exchange rate raised to the weekly PP at 1.2218. During Tuesday morning, the rate was testing the 200-hour SMA near 1.2270. If the given moving average holds, it is likely that a reversal south could occur in the nearest future. In this case the rate could target the psychological level at 1.2100. […]

<p>On Monday, the EUR/USD currency pair skyrocketed to the 1.0920 level. During today’s morning, the pair pierced the upper line of the rising wedge pattern and face the resistance level—the weekly R2 at 1.0952. If the given resistance level holds, it is likely that a reversal south could occur in the nearest future. In this […]

US Treasury Secretary Mnuchin is testifying before the Senate Banking Committee in a hearing entitled “The Quarterly CARES Act Report to Congress.” Ke

EUR/GBP is holding above the 0.8920 resistance level and its main SMAs on the four-hour chart. The quote is consolidating its advance in May’s highs as the buy

FOMC Chairman Jerome Powell is testifying before the Senate Banking Committee in a hearing entitled “The Quarterly CARES Act Report to Congress.” Key

FOMC Chairman Jerome Powell is testifying before the Senate Banking Committee in a hearing entitled “The Quarterly CARES Act Report to Congress.” Key

New Zealand GDT Price Index increased to 1% from previous -0.8%

The United States has an extraordinary fiscal capacity to borrow and spend as needed to get through the coronavirus crisis, Minneapolis Fed President

The Federal Reserve is looking at extending borrowing to states with relatively low populations, FOMC Chairman Powell told the Senate Banking Committe